Weekly Freight Recap: 15/08/24
Aug 15, 2024
PANAMAX
Atlantic: The Panamax market saw continued rate declines this week, driven by limited demand and cautious sentiment across the Atlantic. The market showed a split between mineral and grain routes. While there was some support for early September South American arrivals, the overall outlook remains weak, with further rate corrections expected.
Pacific: In the Pacific, demand showed modest improvement, particularly for Japan-bound trips. However, ongoing pressure from a weak coal market, especially in China, kept rates under strain. Despite some fresh support, uncertainty persists, leading to continued rate adjustments.
SUPRAMAX
Atlantic: The Supramax market remained subdued with limited fresh activity. In the US Gulf, earlier gains have stalled, and the South Atlantic stayed stable with little change in rates. The Continent-Mediterranean routes lacked momentum, and overall market sentiment remained cautious.
Pacific: The Pacific Supramax market showed slight stabilization, with increased inquiries and firmer rate discussions. However, overall activity was still limited, and the balance between supply and demand resulted in minimal rate movement.
HANDYSIZE
Atlantic: The Handysize market showed some stability, particularly in the Continent-Mediterranean region, where rates improved slightly despite limited activity. In the South Atlantic, the market may have found a floor, but overall activity remained low.
Pacific: The Pacific Handysize market remained quiet, with little new information or significant rate changes. The market stayed balanced, with demand and supply in equilibrium, leading to minimal movement.
Weekly Recaps
Freight
Freight Recap:
18/12/25
Dec 18, 2025
The dry bulk market saw a softer overall tone, with Handysize holding largely flat, Supramax weakening across both basins, and Panamax continuing its decline despite some localized Atlantic support. Activity levels remained muted in many regions, with owners increasingly seeking cover ahead of the holiday period. The Atlantic showed mixed signals across segments, while the Pacific faced longer tonnage lists and weaker demand, keeping pressure on rates.
Commodities
Agri- Commodities:
08-12/12/25 Agri
Dec 15, 2025
CBOT markets finished lower ahead of Tuesday’s WASDE, which was widely expected to lack bullish surprises. MATIF wheat was the exception, posting small gains. Russian 12.5% protein wheat FOB for January delivery edged up by $0.5 w/w to $227.5/t, according to IKAR. Geopolitical headlines remained in focus after Ukrainian President Volodymyr Zelenskiy said US-brokered peace talks remain stalled over security guarantees and control of eastern Ukraine, particularly the Donbas.
Freight
Freight Recap:
11/12/25
Dec 11, 2025
The dry bulk market saw a softer overall tone, with Handysize holding largely flat, Supramax weakening across both basins, and Panamax continuing its decline despite some localized Atlantic support. Activity levels remained muted in many regions, with owners increasingly seeking cover ahead of the holiday period. The Atlantic showed mixed signals across segments, while the Pacific faced longer tonnage lists and weaker demand, keeping pressure on rates.
Commodities
Agri- Commodities:
01-05/12/25 Agri
Dec 08, 2025
USDA announced no new flash sales, disappointing soybean markets. Weekly export sales remain delayed and have not yet reached the period covering the US–China trade deal, leaving the true pace of buying uncertain. CBOT corn and wheat eased, while March MATIF wheat posted small gains after finding support at intraday contract lows. ABARES raised Australia’s 2025/26 wheat, barley, and canola output, though the increases were broadly in line with expectations. Algeria’s OAIC issued a soft wheat tender for February shipment, and Russian wheat prices slipped again, with 12.5% FOB for January at $227/t.
